Says it “considers human rights” yet invests in companies tied to genocide BOSTON, MA – APRIL 5, 2012 – Despite the fact that JPMorgan Chase owns over a billion dollars worth of PetroChina, a company widely recognized as contributing to the genocide in Sudan, the company stated in its proxy […]
Author Archives: Eric Cohen
Why Does Jamie Dimon Suffer for Just $23 Million?
Published by The Street. By Dan Freed 04/05/12 – 10:08 AM EDT NEW YORK (TheStreet) — JPMorgan Chase(JPM_) boss Jamie Dimon’s $23 million 2011 pay package may look like a lot to you and me, but don’t be surprised if he feels poor. Take a look at his 38-page shareholder […]
Anti-Genocide Activists Target JPMorgan Holders
Published by Ignites. By Joe Morris March 30, 2012 The advocacy group Investors Against Genocide is focusing on fund managers and other institutional investors in a proxy campaign at JPMorgan Chase. The group, which protests investment linked to ethnic fighting in Sudan, is funding advertisements and mailings to JPMorgan’s institutional investors […]
Shareholder Proponents Appeal to Institutional Investors in Advance of Proxy Vote at JPMorgan Chase
BOSTON, MA – MARCH 29, 2012 – Should institutional investors support investments tied to genocide? That is the question that Investors Against Genocide has posed to institutional shareholders of JPMorgan Chase via an advertisement in the April 2 issue of Pensions & Investments and a direct mailing to hundreds of […]
iShares Files for New Human Rights ETF
Published by Ignites. By Peter Ortiz March 12, 2012 ETF behemoth iShares has registered a new exchange-traded fund focused on screening out investments tied to human rights abuses. The iShares Human Rights Index Fund aims to exclude companies with economic ties to a wide swath of human rights crimes, including acts […]
World’s third largest pension fund divests from PetroChina
Published by Global Compact Critics. The Netherlands’ largest pension fund ABP has divested its interests in PetroChina and blacklisted the company for non-compliance with the United Nations Global Compact Principles. PetroChina is a participant in the Global Compact. CNPC, its parent company, has been criticized for its presence in war-torn […]
CRWatch, a round up of recent business sustainability news – July 2011 Genocide-free investment
Published by Ethical Corporation. Genocide-free investment A shareholder proposal asking JPMorgan Chase to adopt a genocide-free investment policy grabbed 7.69% of the vote at a recent shareholder meeting – backing that is high enough for it to be added to the proxy ballot at JPMorgan Chase’s 2012 annual meeting. Proposal […]
3 More Virtues That Can Make You Wealthier
Published by The Motley Fool. Next up from the 13 virtues is justice. As Franklin explained, “Wrong none by doing injuries, or omitting the benefits that are your duty.” In the investment world, the concept of justice appears when we consider socially responsible investing. Right now, for example, many shareholders […]
